Market Studies

In a first for American financial institutions, large banks must report their exposure to climate change by July 31.

Existing-home sales fell in June, as all four regions recorded year-over-year sales declines, according to NAR, with the South and West posting the largest decreases.

High mortgage rates have pushed monthly mortgage payments to a record $2,656, as slightly lower rates may escalate competition for the limited number of homes available and push up prices for the foreseeable future.

“This achievement demonstrates HUD's commitment to partnering with small businesses and ensuring meaningful opportunities for the small business community to build America’s economy,” said HUD Secretary Marcia L. Fudge.

HUD and the Census Bureau report that privately-owned housing units recorded an annual rate of 1,440,000 units in June, down from 922,000 reported year-over-year.

The Biden Administration, along with HUD Secretary Marcia L. Fudge, is calling attention to the significant harm that rental housing junk fees cause to tenants and have outlined steps that the Administration is taking to curb these fees. 

The pandemic homebuying blitz between 2020 and 2021 has lowered the number of home sales nationwide to a decade-low of 14 in every 1,000 homes.

A new bill seeks to protect single-family affordable housing stock, while cracking down on large corporate investors by restricting tax breaks.

While concerns surrounding affordability and economic uncertainty continue to slow overall homebuying activity, a new report from CoreLogic showed annual single-family rent growth returned to pre-pandemic rates in May.

As population growth in catastrophe-prone regions such as Florida, California, and Texas continues, the geographic concentration risk that insurers face continues to compound, according to a new CoreLogic analysis.